Did Elon Musk Make the Worst Business Move Ever?
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 22 July 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
In this clip, we delve into Elon Musk's staggering $44 billion acquisition of Twitter. Was this a strategic masterstroke or could it be one of the biggest missteps in business history? We'll analyze the deal's financial implications, examine Musk's potential strategies, and weigh the pros and cons of this controversial move.
Join us as we explore whether this could indeed be the worst business decision ever made. #elonmusk #twitter #business
Link to full episode: https://www.youtube.com/live/G-hGZb8s-6w?feature=share (https://www.youtube.com/live/G-hGZb8s-6w?feature=share)
GET YOUR TICKETS TO THE NUMBER #1 FINANCIAL FESTIVAL
https://investfest.com
JOIN THE NUMBER #1 EDUCATIONAL PLATFORM
https://www.eyluniversity.com/community
Our Sponsors:
* Check out PNC Bank: https://www.pnc.com
* Check out Square: https://square.com/go/eyl
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Let's focus on Elon Musk now. |
| 0:02.1 | The total on Mark Zuckerberg is obviously, |
| 0:04.6 | I think, one of the greatest, |
| 0:05.8 | and then of course, Elon Musk is one of the greatest |
| 0:07.5 | CEO of the Volta as well from what he's did with PayPal |
| 0:11.4 | to SpaceX, to Tesla. |
| 0:14.2 | Tesla. |
| 0:15.2 | But even the greats don't always, |
| 0:17.6 | aren't always successful. |
| 0:19.0 | He pays $44 billion for a company |
| 0:21.6 | that nobody thought was worth $44 billion. |
| 0:23.5 | First mistake. |
| 0:25.0 | He took all the verification badges away, |
| 0:29.0 | which that didn't work out in his favor. |
| 0:31.8 | I'm not going to say it. |
| 0:32.8 | Tries to limit tweets, then gets copied in the same week. |
| 0:38.2 | Will this go down in history as one of the greatest |
| 0:42.5 | bubbles ever? |
| 0:45.9 | I believe so. |
| 0:48.3 | And I'm not saying it to be salacious, |
| 0:49.6 | but I'm trying to think of some of the acquisitions, |
| 0:51.2 | of course, Facebook bought, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.